Goldman Sachs Lists Holdings in Expanded Corporate Bond Index

Index will form the basis of first-ever U.S. corporate bond exchange traded fund

New York - Today, Goldman, Sachs & Co. identified the securities that, as of July 1, will comprise its reconstituted GS $ InvesTopTM Index, which has been expanded from 30 to 100 corporate bonds.

Yesterday, Barclays Global Investors announced that the SEC issued an order permitting the operation of iShares exchange traded funds based on the InvesTop Index and Treasury bond indices from Lehman Brothers. The iShares ETFs – the first fixed income ETFs ever brought to market in the United States – will trade on the American Stock Exchange beginning on July 26, 2002.

"We anticipate that the broader representation the InvesTop Index will offer, coupled with its inclusion in the first U.S. corporate bond ETF, will make the Index a much more liquid and influential benchmark," said Fernando Cunha, Head of Credit Index Development at Goldman Sachs.

The following list of securities for the month of July will become effective as of July 1.

CONSUMER

CUSIP

ISSUER

COUPON

MATURITY

FACE AMOUNT (M)

002824AM2

Abbott Laboratories

5.625

1-Jul-06

1,600

00184AAE5

AOL Time Warner

6.15

1-May-07

1,000

00184AAF2

AOL Time Warner

6.875

1-May-12

2,000

00184AAG0

AOL Time Warner

7.7

1-May-32

2,000

110122AF5

Bristol-Myers Squibb

4.75

1-Oct-06

2,500

110122AG3

Bristol-Myers Squibb

5.75

1-Oct-11

2,500

233835AS6

DaimlerChrysler

6.4

15-May-06

2,000

233835AT4

DaimlerChrysler

7.3

15-Jan-12

1,500

233835AQ0

DaimlerChrysler

8.5

18-Jan-31

1,500

246688AE5

Delhaize America

8.125

15-Apr-11

1,100

345397TR4

Ford Motors

6.875

1-Feb-06

6,500

345397TY9

Ford Motors

7.25

25-Oct-11

3,500

345370CA6

Ford Motors

7.45

16-Jul-31

4,800

370334AR5

General Mills

5.125

15-Feb-07

1,500

370334AS3

General Mills

6

15-Feb-12

2,000

370425RW2

General Motors

6.125

15-Sep-06

2,500

370425RX0

General Motors

6.875

15-Sep-11

5,500

370425RZ5

General Motors

8

1-Nov-31

4,000

487836AS7

Kellogg

6.6

1-Apr-11

1,500

50075NAA2

Kraft Foods

4.625

1-Nov-06

1,250

50075NAH7

Kraft Foods

6.25

1-Jun-12

1,500

50075NAC8

Kraft Foods

6.5

1-Nov-31

750

742718BW8

Procter & Gamble

4.75

15-Jun-07

1,000

87612EAJ5

Target

5.375

15-Jun-09

750

87612EAH9

Target

5.875

1-Mar-12

1,000

904764AF4

Unilever

6.875

1-Nov-05

1,500

904764AG2

Unilever

7.125

1-Nov-10

1,750

925524AS9

Viacom

5.625

1-May-07

700

925524AQ3

Viacom

6.625

15-May-11

1,000

931142BN2

Wal-Mart

5.45

1-Aug-06

1,500

931142BE2

Wal-Mart

6.875

10-Aug-09

3,500

026609AL1

Wyeth

6.25

15-Mar-06

1,000

026609AM9

Wyeth

6.7

15-Mar-11

1,500

FINANCIAL

CUSIP

ISSUER

COUPON

MATURITY

FACE AMOUNT (M)

06423AAM5

Banc One

6.5

1-Feb-06

2,500

06423AAQ6

Banc One

5.9

15-Nov-11

750

060505AL8

Bank of America

5.25

1-Feb-07

1,500

060505AG9

Bank of America

7.4

15-Jan-11

3,000

073902BZ0

Bear Stearns

5.7

15-Jan-07

1,000

125581AA6

CIT Group

7.375

2-Apr-07

1,250

125581AB4

CIT Group

7.75

2-Apr-12

1,250

172967BA8

Citigroup

6.75

1-Dec-05

4,000

172967BJ9

Citigroup

6

21-Feb-12

1,500

172967BL4

Citigroup

6.625

15-Jun-32

1,000

22541LAD5

Credit Suisse

5.75

15-Apr-07

1,750

22541LAB9

Credit Suisse

6.125

15-Nov-11

3,000

268766BU5

EOP Operating

7

15-Jul-11

1,100

339030AD0

Fleet Boston

4.875

1-Dec-06

1,000

441812JX3

Household Finance

5.75

30-Jan-07

2,500

441812JY1

Household Finance

7

15-May-12

1,750

441812JZ8

Household Finance

7.625

17-May-32

750

459745FA8

International Lease

5.625

1-Jun-07

900

46625HAP5

JPMorgan Chase

5.25

30-May-07

2,000

46625HAN0

JPMorgan Chase

6.625

15-Mar-12

1,000

524908DD9

Lehman Bros

6.25

15-May-06

1,750

52517PSC6

Lehman Bros

6.625

18-Jan-12

1,000

617446HB8

Morgan Stanley

5.8

1-Apr-07

2,500

617446HC6

Morgan Stanley

6.6

1-Apr-12

2,500

828807AJ6

Simon Properties

6.375

15-Nov-07

750

929903AA0

Wachovia

4.95

1-Nov-06

1,750

939322AG8

Washington Mutual

5.625

15-Jan-07

1,000

949746CH2

Wells Fargo

5.125

15-Feb-07

1,500

949748AF4

Wells Fargo

6.45

1-Feb-11

1,750

TELECOM & TECHNOLOGY

CUSIP

ISSUER

COUPON

MATURITY

FACE AMOUNT (M)

00209AAG1

AT&T Wireless

8.125

1-May-12

2,000

079860AC6

Bell South

5

15-Oct-06

1,000

079860AB8

Bell South

6

15-Oct-11

1,000

079860AD4

Bell South

6.875

15-Oct-31

750

111021AC5

British Telecom

7.875

15-Dec-05

3,100

111021AD3

British Telecom

8.125

15-Dec-10

3,000

111021AE1

British Telecom

8.875

15-Dec-30

2,800

25156PAB9

Deutsche Telekom

8

15-Jun-10

3,000

25156PAC7

Deutsche Telekom

8.25

15-Jun-30

3,500

35177PAJ6

France Telecom

7.7

1-Mar-06

2,000

428236AE3

Hewlett-Packard

5.75

15-Dec-06

1,000

428236AG8

Hewlett-Packard

6.5

1-Jul-12

500

459200AW1

IBM

4.875

1-Oct-06

1,500

852060AS1

Sprint

8.375

15-Mar-12

2,000

852060AT9

Sprint

8.75

15-Mar-32

2,000

879385AC6

Telefonica

7.75

15-Sep-10

2,500

92344GAR7

Verizon

6.125

15-Jun-07

1,000

92344XAA7

Verizon

6.875

1-Apr-12

1,000

92344GAM8

Verizon

7.75

1-Dec-30

2,000

INDUSTRIAL & UTILITIES

CUSIP

ISSUER

COUPON

MATURITY

FACE AMOUNT (M)

013817AF8

Alcoa

6

15-Jan-12

1,000

032511AS6

Anadarko

5.375

1-Mar-07

650

097014AF1

Boeing

5.75

15-Feb-07

750

20825UAA2

Conoco

5.45

15-Oct-06

1,250

20825UAB0

Conoco

6.35

15-Oct-11

1,750

20825UAC8

Conoco

7.25

15-Oct-31

500

210371AG5

Constellation Energy

6.35

1-Apr-07

600

12626PAD5

CRH America

6.95

15-Mar-12

1,000

244217BG9

Deere

7

15-Mar-12

1,500

25179SAC4

Devon Energy

6.875

30-Sep-11

1,750

251799AA0

Devon Energy

7.95

15-Apr-32

1,000

264399DW3

Duke Power

6.25

15-Jan-12

750

337932AA5

First Energy

5.5

15-Nov-06

1,000

337932AB3

First Energy

6.45

15-Nov-11

1,500

337932AC1

First Energy

7.375

15-Nov-31

1,500

91913YAD2

Valero Energy

6.875

15-Apr-12

750

91913YAE0

Valero Energy

7.5

15-Apr-32

750

962166AX2

Weyerhaeuser

6

1-Aug-06

840

Goldman Sachs is a leading global investment banking, securities and investment management firm that provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high net worth individuals. Founded in 1869, it is one of the oldest and largest investment banking firms. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.